~ A Blog on Gems

Rapaport Weekly Market Comment

Indian jewelers acclimating to demonetization and GST regulations with
steady pre-Diwali orders at IIJS show. Rough market cools as manufacturing
profit margins tighten. Rough premiums decline to low single-digit percentages
during $572M De Beers sight, with some boxes selling at a loss on the secondary
market. Alrosa cautions that potential US sanctions may impact international
diamond trade…